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Asian shares firmed on Monday as some semblance of calm returned to bond markets after last week's wild ride, while progress in the huge US stimulus package underpinned optimism about the global economy.
FPIs switch to ‘defensives’ with Covid 2.0 taking a tollSo, consumer staples and IT are featuring more prominently on FII buy lists while BFSI and autos get the short shrift. Overseas investors bought $376 million (Rs 2,800 crore) and $201 million (Rs 1,517 crore) worth of consume… Read MoreAdani Transmission plans Rs 4,500 crore capex in FY22The company added 2,536 circuit km to its power transmission network in FY21, driven by organic and inorganic growth taking the total network to 17,276 2,536 circuit km.
from Stocks-Markets-Economic Times https://ift.tt/2PYE… Read MoreCreditAccess Grameen Q4 results: Net profit surges 83% to Rs 65 croreThe spread of the second wave of Covid-19 pandemic has created challenges for every business. "We are anticipating the collections to witness a temporary decline in Q1 FY22 on account of several intermittent lockdowns/restric… Read MoreStocks in news: HDFC, SCI, UltraTech Cement, Dabur India, Hero Motocorp and Adani TransmissionNavin Fluorine, Grindwell Norton, EIH and Godrej Agrovet are among companies that will announce their March quarter results today.
from Stocks-Markets-Economic Times https://ift.tt/3h4pVWB
… Read MoreFederal Reserve says stock market boom, 'ebullient' investors warrant cautionCommercial real estate remains potentially vulnerable, the Fed said, particularly after a pandemic that may dim demand for office space, and businesses and households "remain under considerable strain" due to the impact of th… Read More
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